Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Fintech

Mon, Apr 29, 2024 05:26 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

JP Morgan Chase to acquire MCX’s fintech payments to help expand Chase Pay

Mar 13, 2017 06:44 am UTC| Fintech

JP Morgan Chase announced that it has agreed to acquire MCXs fintech payments in order to help expand Chase Pay, which is the mobile and digital wallet for Chase customers. According to the release, the transaction is...

Fintech firm Currencycloud raises $25M from Google Ventures and existing investors

Mar 13, 2017 04:58 am UTC| Fintech

Currencycloud, a London-based fintech company, has raised $25 million in Series D funding with a new investment from GV (formerlyGoogle Ventures) and additional funding from the existing investors Notion Capital,Sapphire...

ISO launches fintech Technical Advisory Group

Mar 10, 2017 06:03 am UTC| Fintech

The International Organization for Standardization (ISO) announced the launch of fintech Technical Advisory Group (TAG), a new global committee, which is aimed at driving technology and data standards in the financial...

UK, Japan financial regulators announce Exchange of Letters for fintech cooperation

Mar 10, 2017 04:55 am UTC| Fintech

UKs Financial Conduct Authority (FCA) and Financial Services Agency of Japan (JFSA) announced that they have exchanged letters on a Co-operation Framework to support innovative fintech companies in both the...

Singapore and Dubai sign Cooperation Agreement to foster fintech entrepreneurship

Mar 08, 2017 12:17 pm UTC| Fintech

Monetary Authority of Singapore (MAS) announced that it has signed a Cooperation Agreement (CA) with Abu Dhabi Global Market (ADGM) in a move to foster the fintech entrepreneurship and support innovation in financial...

PayPal Europe, FNR, University of Luxembourg sign MoU to set up fintech chair

Mar 08, 2017 08:33 am UTC| Fintech

The Government of Luxembourg announced that PayPal Europe, the National Research Fund (FNR) and the University of Luxembourg have signed a Memorandum of Understanding (MoU) for the creation of a PEARL chair of the FNR in...

Digital Currency Revolution

Why 'digital gold' won't ever kill off the real thing

Mar 08, 2017 04:53 am UTC| Insights & Views Fintech

In investment terms, a safe haven is exactly what it sounds like: a place of relative safety when times are tough. Traditionally, safe haven assets have been physical, such as gold and silver, the US dollar and the Swiss...

51 52 53 54 55 56 57 58 59 60

Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

KT Innovates Media, Content Business Through AI

KT Group is transforming its media and content business through artificial intelligence (AI). The company is innovating the mentioned units as part of its acceleration strategy. According to Yonhap News Agency, KT said...

Elon Musk Secures Crucial Data Deal for Tesla with Baidu in China

In a significant development, Tesla has forged a partnership with Baidu, obtaining crucial lane-level navigation data for its Full Self-Driving system in China. This deal represents a major advancement in Teslas ambitious...

Elon Musk Injects $10 Billion Into Tesla AI, Eyes Autonomous Robotaxi

Elon Musk has declared a monumental $10 billion investment in Teslas artificial intelligence, setting the stage for advanced autonomous driving and a potential Robotaxi service. Tesla to Invest $10 Billion in AI for...

OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze

Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to...

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...